Point Me To First Class 40. My Credit Card Journey: How It Started & What I’d Do Differently Now
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Dec 4, 2023 Explore the evolution of rewards credit cards and learn from personal anecdotes about the speaker's journey since 2012. Discover the surprising reasons why many initial choices might not be the best today. Gain insights into key strategies for beginners and the impact of changing rules like Chase’s 524. This insightful discussion highlights essential considerations for anyone looking to maximize their travel rewards and make informed decisions on their first credit card.
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First Credit Card Experience
- Devin Gimbel's first credit cards were store cards from Banana Republic and J.Crew, gotten mainly for discounts and necessity.
- She used them sparingly, mainly for clothes, and paid most expenses in cash initially.
Chase Sapphire Preferred Story
- Devon's first real rewards card was the Chase Sapphire Preferred, initially unused and obtained through her husband's encouragement.
- She accumulated points unintentionally and redeemed them for a free round-trip trip to Morocco, though she later regretted the redemption value.
British Airways Card Choice
- Devon chose the British Airways Chase credit card for its large welcome bonus despite little personal use or travel plans to the UK or Ireland.
- She later recognized that points quantity seemed more appealing than strategic value at that time.